28.69 USD
+0.26 (+0.91%)
28.69 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to DBX. DBX was compared to 280 industry peers in the Software industry. DBX scores excellent on profitability, but there are concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on DBX.
1. Profitability
1.1 Basic Checks
DBX had positive earnings in the past year.
In the past year DBX had a positive cash flow from operations.
Of the past 5 years DBX 4 years were profitable.
In the past 5 years DBX always reported a positive cash flow from operatings.
1.2 Ratios
DBX has a better Return On Assets (17.97%) than 94.29% of its industry peers.
With an excellent Return On Invested Capital value of 59.34%, DBX belongs to the best of the industry, outperforming 99.29% of the companies in the same industry.
DBX had an Average Return On Invested Capital over the past 3 years of 17.97%. This is significantly above the industry average of 10.73%.
The last Return On Invested Capital (59.34%) for DBX is above the 3 year average (17.97%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.97% | ||
| ROE | N/A | ||
| ROIC | 59.34% |
ROA(3y)15.53%
ROA(5y)9.34%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)17.97%
ROIC(5y)15.1%
1.3 Margins
DBX has a better Profit Margin (19.87%) than 83.93% of its industry peers.
DBX's Profit Margin has improved in the last couple of years.
DBX has a Operating Margin of 24.57%. This is amongst the best in the industry. DBX outperforms 90.00% of its industry peers.
DBX's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 80.66%, DBX belongs to the best of the industry, outperforming 82.50% of the companies in the same industry.
In the last couple of years the Gross Margin of DBX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.57% | ||
| PM (TTM) | 19.87% | ||
| GM | 80.66% |
OM growth 3Y10.3%
OM growth 5YN/A
PM growth 3Y4.48%
PM growth 5YN/A
GM growth 3Y1.29%
GM growth 5Y1.86%
2. Health
2.1 Basic Checks
DBX has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for DBX has been reduced compared to 1 year ago.
The number of shares outstanding for DBX has been reduced compared to 5 years ago.
Compared to 1 year ago, DBX has a worse debt to assets ratio.
2.2 Solvency
DBX has an Altman-Z score of 0.49. This is a bad value and indicates that DBX is not financially healthy and even has some risk of bankruptcy.
DBX's Altman-Z score of 0.49 is on the low side compared to the rest of the industry. DBX is outperformed by 67.86% of its industry peers.
DBX has a debt to FCF ratio of 3.10. This is a good value and a sign of high solvency as DBX would need 3.10 years to pay back of all of its debts.
DBX has a better Debt to FCF ratio (3.10) than 63.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3.1 | ||
| Altman-Z | 0.49 |
ROIC/WACC6.02
WACC9.86%
2.3 Liquidity
DBX has a Current Ratio of 0.57. This is a bad value and indicates that DBX is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of DBX (0.57) is worse than 92.14% of its industry peers.
DBX has a Quick Ratio of 0.57. This is a bad value and indicates that DBX is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.57, DBX is not doing good in the industry: 91.43% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.57 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 26.32% over the past year.
Measured over the past years, DBX shows a very strong growth in Earnings Per Share. The EPS has been growing by 38.64% on average per year.
Looking at the last year, DBX shows a decrease in Revenue. The Revenue has decreased by -0.44% in the last year.
The Revenue has been growing by 8.93% on average over the past years. This is quite good.
EPS 1Y (TTM)26.32%
EPS 3Y17.94%
EPS 5Y38.64%
EPS Q2Q%23.33%
Revenue 1Y (TTM)-0.44%
Revenue growth 3Y5.7%
Revenue growth 5Y8.93%
Sales Q2Q%-0.69%
3.2 Future
Based on estimates for the next years, DBX will show a small growth in Earnings Per Share. The EPS will grow by 2.92% on average per year.
Based on estimates for the next years, DBX will show a decrease in Revenue. The Revenue will decrease by -1.17% on average per year.
EPS Next Y13.69%
EPS Next 2Y10.24%
EPS Next 3Y7.86%
EPS Next 5Y2.92%
Revenue Next Year-1.21%
Revenue Next 2Y-0.88%
Revenue Next 3Y-0.72%
Revenue Next 5Y-1.17%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 9.96, the valuation of DBX can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of DBX indicates a rather cheap valuation: DBX is cheaper than 88.21% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.38. DBX is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 9.40, which indicates a very decent valuation of DBX.
88.93% of the companies in the same industry are more expensive than DBX, based on the Price/Forward Earnings ratio.
DBX is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.83, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.96 | ||
| Fwd PE | 9.4 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DBX indicates a rather cheap valuation: DBX is cheaper than 86.07% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of DBX indicates a rather cheap valuation: DBX is cheaper than 95.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.11 | ||
| EV/EBITDA | 11.69 |
4.3 Compensation for Growth
DBX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
DBX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.73
PEG (5Y)0.26
EPS Next 2Y10.24%
EPS Next 3Y7.86%
5. Dividend
5.1 Amount
DBX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
28.69
+0.26 (+0.91%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners111.23%
Inst Owner Change-1.55%
Ins Owners6.23%
Ins Owner Change-1.8%
Market Cap7.42B
Revenue(TTM)2.53B
Net Income(TTM)502.50M
Analysts50
Price Target28.86 (0.59%)
Short Float %13.97%
Short Ratio7.1
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.22%
Min EPS beat(2)11.32%
Max EPS beat(2)13.12%
EPS beat(4)4
Avg EPS beat(4)12.9%
Min EPS beat(4)11.32%
Max EPS beat(4)15.74%
EPS beat(8)8
Avg EPS beat(8)11.94%
EPS beat(12)12
Avg EPS beat(12)11.32%
EPS beat(16)16
Avg EPS beat(16)10.18%
Revenue beat(2)2
Avg Revenue beat(2)0.45%
Min Revenue beat(2)0.16%
Max Revenue beat(2)0.74%
Revenue beat(4)2
Avg Revenue beat(4)0.1%
Min Revenue beat(4)-0.26%
Max Revenue beat(4)0.74%
Revenue beat(8)2
Avg Revenue beat(8)-0.19%
Revenue beat(12)4
Avg Revenue beat(12)-0.08%
Revenue beat(16)5
Avg Revenue beat(16)-0.11%
PT rev (1m)1.91%
PT rev (3m)0.87%
EPS NQ rev (1m)2.15%
EPS NQ rev (3m)3.71%
EPS NY rev (1m)4.46%
EPS NY rev (3m)4.43%
Revenue NQ rev (1m)0.28%
Revenue NQ rev (3m)0.81%
Revenue NY rev (1m)0.63%
Revenue NY rev (3m)0.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.96 | ||
| Fwd PE | 9.4 | ||
| P/S | 2.94 | ||
| P/FCF | 8.11 | ||
| P/OCF | 7.98 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.69 |
EPS(TTM)2.88
EY10.04%
EPS(NY)3.05
Fwd EY10.63%
FCF(TTM)3.54
FCFY12.34%
OCF(TTM)3.6
OCFY12.53%
SpS9.77
BVpS-5.92
TBVpS-7.83
PEG (NY)0.73
PEG (5Y)0.26
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.97% | ||
| ROE | N/A | ||
| ROCE | 69.59% | ||
| ROIC | 59.34% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 24.57% | ||
| PM (TTM) | 19.87% | ||
| GM | 80.66% | ||
| FCFM | 36.22% |
ROA(3y)15.53%
ROA(5y)9.34%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)17.97%
ROIC(5y)15.1%
ROICexc(3y)69.99%
ROICexc(5y)80.12%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)21.07%
ROCE(5y)17.71%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y-15.6%
ROICexc growth 5YN/A
OM growth 3Y10.3%
OM growth 5YN/A
PM growth 3Y4.48%
PM growth 5YN/A
GM growth 3Y1.29%
GM growth 5Y1.86%
F-Score4
Asset Turnover0.9
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3.1 | ||
| Debt/EBITDA | 2.57 | ||
| Cap/Depr | 9.3% | ||
| Cap/Sales | 0.57% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 119.86% | ||
| Profit Quality | 182.25% | ||
| Current Ratio | 0.57 | ||
| Quick Ratio | 0.57 | ||
| Altman-Z | 0.49 |
F-Score4
WACC9.86%
ROIC/WACC6.02
Cap/Depr(3y)17.74%
Cap/Depr(5y)24.54%
Cap/Sales(3y)1.13%
Cap/Sales(5y)1.78%
Profit Quality(3y)165.94%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)26.32%
EPS 3Y17.94%
EPS 5Y38.64%
EPS Q2Q%23.33%
EPS Next Y13.69%
EPS Next 2Y10.24%
EPS Next 3Y7.86%
EPS Next 5Y2.92%
Revenue 1Y (TTM)-0.44%
Revenue growth 3Y5.7%
Revenue growth 5Y8.93%
Sales Q2Q%-0.69%
Revenue Next Year-1.21%
Revenue Next 2Y-0.88%
Revenue Next 3Y-0.72%
Revenue Next 5Y-1.17%
EBIT growth 1Y22.21%
EBIT growth 3Y16.58%
EBIT growth 5YN/A
EBIT Next Year27.99%
EBIT Next 3Y6.81%
EBIT Next 5Y8.46%
FCF growth 1Y22.16%
FCF growth 3Y7.53%
FCF growth 5Y17.4%
OCF growth 1Y19.56%
OCF growth 3Y7%
OCF growth 5Y11.09%
DROPBOX INC-CLASS A / DBX FAQ
What is the ChartMill fundamental rating of DROPBOX INC-CLASS A (DBX) stock?
ChartMill assigns a fundamental rating of 6 / 10 to DBX.
What is the valuation status for DBX stock?
ChartMill assigns a valuation rating of 9 / 10 to DROPBOX INC-CLASS A (DBX). This can be considered as Undervalued.
Can you provide the profitability details for DROPBOX INC-CLASS A?
DROPBOX INC-CLASS A (DBX) has a profitability rating of 9 / 10.
What is the valuation of DROPBOX INC-CLASS A based on its PE and PB ratios?
The Price/Earnings (PE) ratio for DROPBOX INC-CLASS A (DBX) is 9.96 and the Price/Book (PB) ratio is -4.85.